Netflix earnings preview: Investors focus on price hikes and ad tier updates
Netflix (NFLX) is set to report its fiscal third quarter earnings on Wednesday after the market closes. Investors are looking for updates on the company’s crackdown on password sharing, ad-supported offerings, and the potential for more price hikes.
Read MoreUnitedHealth Group: Unveiling A Bullish Scenario You Must Consider (NYSE:UNH)
UnitedHealth Group’s stable operating profit growth has been extremely favorable to its 10-year dividend growth rate of 21.77%. Find out why UNH stock is a Buy.
Read MoreNetflix Unusual Options Activity – Netflix (NASDAQ:NFLX)
Someone with a lot of money to spend has taken a bullish stance on Netflix NFLX.
Read MoreNetflix posts US$1.9 billion operating income for Q3 2023, up 25% from this time last year | …
Right on par with Wall Street estimates, the streaming giant also garnered nearly 9 million new paid subscribers. However the generation of ad revenues continues to be a challenge.
Read MoreNetflix Inc. stock underperforms Wednesday when compared to competitors
Shares of Netflix Inc. NFLX, +15.34% shed 1.98% to $365.93 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.11% rising 0.43% to 4,376.95 and the Dow Jones Industrial Average DJIA, +0.15% rising 0.19% to 33,804.87.
Read More